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Bitcoin Firm PrimeBlock In Talks to Merge with 10X SPAC

November 18, 2021
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Prime Blockchain, a Bitcoin mining and infrastructure firm, is in talks to merge with SPAC 10X Capital Venture Acquisition II, Bloomberg reports.

The SPAC is seeking to raise at least $150 million through a PIPE to support the transaction, which is set to take Prime Blockchain public and value the combined entity at roughly $1.5 billion. Read more.

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